Discover this unrivaled 3-Unit Gem at 40-40 1/2 Convent Square, a true find in Burlington's O.N.E.! This unique offering combines a charming duplex and a separate single-family home on one expansive lot, presenting an unparalleled investment. This property offers immense versatility: generate significant rental income from three independent units, comfortably house extended family, or live in one unit while offsetting your mortgage with rent from the others. Each unit provides distinct living space, ensuring privacy and appeal for residents. Expect functional layouts, comfortable rooms, and ample natural light across all residences. The generous lot provides ample outdoor space for all occupants. Whether it's individual patios, shared green areas, or room for gardening, the exterior adds significant value and enjoyment to this exceptional property. Convent Square is a highly coveted location, placing residents at the epicenter of Burlington's finest amenities. Enjoy effortless access to Lake Champlain's breathtaking waterfront - perfect for strolls, biking, and scenic views. Downtown Burlington's vibrant array of shops, restaurants, and local hotspots are just moments away, promising endless entertainment. This isn't just a property; it's a strategic acquisition in Burlington's robust real estate market. Demand for multi-unit properties in this location remains consistently high, making 40-40 1/2 Convent Square an incredibly smart investment.

Listing Tools

More Info

Tax Information

  • Tax Year2025

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • List Price$624,000
  • Date Price Change06/19/2025
  • MLS Number5047509
  • MLS StatusActive

Location

  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • ZoningR3
  • Elementary SchoolSustainability Academy
  • Junior HighLyman C. Hunt Middle School
  • High SchoolBurlington High School
  • Address40-40 1/2 Convent Square
  • Flood Zone Y/NNo

Building

  • Year Built1919
  • Building ConstructionCellulose Insulation, Other, Wood Frame, Clapboard Exterior, Combination Exterior, Vinyl Exterior, Vinyl Siding
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 StyleSecond Floor - Flat
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location1
  • Unit 3 Style40 1/2 Convent
  • Unit 3 Total Rooms3
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom3
  • Total Baths3
  • Basement
    • Concrete
    • Concrete Floor
    • Dirt Floor
    • Exterior Access
    • Exterior Stairs
    • Finished
    • Full
    • Interior Access
    • Interior Stairs
    • Other
    • Partially Finished
    • Storage Space
    • Unfinished
  • FoundationConcrete

Property

  • Acreage0.15
  • GarageNo
  • Parking Spaces
  • Lot Description
    • City Lot
    • Curbing
    • Interior Lot
    • Landscaped
    • Level
    • Near Hospital
    • Near Paths
    • Near Public Transportatn
    • Near School(s)
    • Near Shopping
    • Neighborhood
    • Other
    • Sidewalks
    • Street Lights
    • Trail/Near Trail
    • View
    • Walking Trails
  • Square Feet1,642
  • APX Fin AG Sqft1,642
  • Road Frontage32
  • RoadsPaved, Public, Public Maintained Road
  • AreaVT-Chittenden

Interior

  • Floors
    • Combination
    • Laminate
    • Manufactured
    • Tile
    • Vinyl Plank
    • Wood

Exterior

  • RoofAsphalt Shingle, Slate
  • Exterior ColorBlue/Grey

Utilities

  • Heat SystemNatural Gas, Vented Gas Heater, Space Heater
  • WaterPublic
  • Water HeaterOwned Water Heater, Separate Water Heater
  • Electric100 Amp Service, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable at Site, Gas On-Site, Telephone at Site, Other

Amenities

  • Exterior Amenities
    • Covered Porch
    • Deck
    • Double Pane Window(s)
    • Garden Space
    • Natural Shade
    • Other
    • Partial Fence
    • Porch
    • Storage
    • Window Screens
  • PricePerSqFt380.02

Water Body

  • Water AccessNo
  • Water ViewNo

Other

  • Taxes$10,960.16
  • Tax Year Notes2024-2025
  • Seasonal Y/NNo
  • Operating Expenses15032
  • TrashCans, Curbside, Municipal, Owner, Recycle
  • Date Listed06/19/2025
  • Unit 1 Deposit$2,080
  • Unit 2 Rent Amount$1,513
  • Unit 3 Rent Amount$1,791
  • View Count25

Map Location

Listed by The Conroy Group of KW Vermont (Phone: 802-999-8410)
Broker Reciprocity 

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 19, 2025 12:22 AM EST

 

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